Owners of Famed Chrysler Building Reach Deal to Sell Tower

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Owners of Famed Chrysler Building Reach Deal to Sell Tower
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The owners of New York City's Chrysler Building have a deal to sell the iconic skyscraper for about $150 million, selling at a substantial loss

The owners of New York City’s Chrysler Building have reached a deal to sell the iconic skyscraper for a little more than $150 million, unloading the 77-story office tower at a substantial loss, according to people familiar with the matter.

The real-estate firm RFR Holding LLC, which owns the Mies van der Rohe-designed Seagram Building in Manhattan and other famous buildings, and a foreign partner signed a contract to acquire the Chrysler Building, these people said.

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